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Blackbaud Financial Edge NXT

Blackbaud Financial Edge NXT

Blackbaud Financial Edge NXT

Blackbaud software is a transformative solution that empowers nonprofit organizations to achieve their missions, connect with supporters, and drive positive change in the world. Experience mission-driven success, donor engagement excellence, fundraising mastery, efficient operations, community collaboration, and cloud-based convenience.

Blackbaud Financial Edge NXT Specifications

Financial Reporting

Invoice Management

Expense Tracking

Tax Management

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What Is Blackbaud Financial Edge NXT?

Overview

Blackbaud software is a cloud-based fund accounting software tailored to meet the unique requirements of nonprofits and government entities. It combines advanced technology with robust reporting tools to empower accounting teams in driving efficiency, transparency, and financial stewardship. Financial Edge NXT helps manage transactions, eliminate manual processes, and securely share real-time information.

Blackbaud Financial Edge NXT Pricing

Pricing will vary depending on a business's size and requirements. For further details, click Get Pricing.

Blackbaud Financial Edge NXT Integrations

Blackbaud Financial Edge NXT integrates with various third-party applications, including:

You can also watch a free Blackbaud Financial Edge NXT demo to learn more about its integrations.

Who Is Blackbaud Financial Edge NXT For?

Blackbaud software caters to: 

  • Nonprofit organizations
  • K-12 schools
  • Higher education institutions
  • Healthcare organizations
  • Arts and cultural organizations

Is Blackbaud Financial Edge NXT Right For You?

Blackbaud Financial Edge NXT is a recommended nonprofit accounting solution that excels in generating highly detailed transaction reports by effectively assisting nonprofits in cash flow management, budget planning, and comprehensive reporting. Additionally, it offers various integrated modules, including budget management and consolidation management, enhancing its value and justifying its investment.

Still not sure about Blackbaud Financial Edge NXT? For further information, contact our experts at 661-384-7070 for an informed decision.

Blackbaud Financial Edge NXT Features

Blackbaud Financial Edge NXT helps nonprofits manage their grant processes effectively. It may involve tracking and monitoring grant applications, disbursements, reporting requirements, and overall grant performance.

how it worksSee How It Works

The software helps organizations simplify their purchasing and expense management processes. It may include features such as purchase order creation, vendor management, invoice processing, expense reimbursement, and approval workflows.

how it worksSee How It Works

Blackbaud Financial Edge NXT offers tools to facilitate creating, tracking, and managing budgets for nonprofit organizations. Users can set up budget templates, allocate funds to different departments or programs, monitor actual expenses against budgeted amounts, and generate budget reports.

how it worksSee How It Works

Consolidation management allows users to consolidate financial data from various sources, such as separate chapters or branches, into a central system, providing a holistic view of the organization's financials.

how it worksSee How It Works

The software offers robust reporting and analytics features, allowing organizations to generate various financial reports and grant-specific reports. It may also include customizable dashboards and data visualization tools to help users gain insights and make informed financial decisions.

how it worksSee How It Works

Pros and Cons of Blackbaud Financial Edge NXT

Pros

  • Fund tracking
  • Powerful budgeting
  • Detailed reporting

Cons

  • Steep learning curve
  • Most modules require an additional fee

Blackbaud Financial Edge NXT Reviews

Overall Rating

4.3

52 Review(s)

Rating Distribution

5

star

(24)

4

star

(21)

3

star

(4)

2

star

(2)

1

star

(1)

March 2024

NXT Blackbaud

Natasha

Mental Health Care

Ease of use

10

Value for money

10

Customer Support

10

Functionality

10

Pros

This tool is fantastic for our non-profit organization. It allows us to handle invoice payments, vendor setup and storing important business files such as W9's and contracts. Its functionality is particularly helpful for tasks like sending out 1099's, setting up new projects and vendors, as well as providing the ability to process in-house checks and send out physical or electronic drafts.

Cons

At time accounting-wise, there can be slight inconsistencies in the general ledgers, but nothing major.

June 2023

Easier tool than other Blackbaud products

Elizabeth

Education Management

Ease of use

6

Value for money

6

Customer Support

6

Functionality

6

Pros

Compared to other Blackbaud products, this software is easier to use, particularly when it comes to refunding purchases and tracking deposits.

Cons

Customer service is inconsistent and unreliable.

June 2023

Review of Blackbaud Financial Edge NXT

Meredith

Libraries

Ease of use

8

Value for money

8

Customer Support

10

Functionality

8

Pros

As a library operating in the non-profit/government sector, Blackbaud serves us exceptionally well as a financial accounting system. They truly understand the unique needs of non-profit organizations and continually strive to develop solutions tailored to those needs. Blackbaud is remarkably user-friendly and facilitates easy training for new employees. The training programs offered by Blackbaud surpass those provided by most other products. We have access to over 20 classes, which can be taken with an online instructor or through e-learning. This comprehensive training has been instrumental in successfully implementing the software across multiple locations and ensuring our staff is well-prepared for their roles within Blackbaud.

Cons

As a government/non-profit agency, we are obligated to use purchase orders. Unfortunately, Blackbaud's purchase order system is not as user-friendly as the rest of the software. However, we have been informed that they are working on moving the purchase order system to WebView, which will introduce several changes to improve the usability of the PO portion. Additionally, we require multi-level approvals on invoices, and the interim solution provided by Blackbaud did not meet our organization's needs, as we are required to have a pre-audit statement on all purchase orders and invoices that are paid.

View All 52 Reviews

Frequently Asked Questions

Yes, Blackbaud Financial Edge NXT provides API access.